(MGRC) Mcgrath Rentcorp complete technical analysis [charts+indicators] | Buy/Sell Mcgrath Rentcorp | (MGRC) share price targets
Complete technical analysis of Mcgrath Rentcorp (MGRC) by charts plus indicators, forecast predictions and share price targets for Mcgrath Rentcorp (MGRC)
Mcgrath Rentcorp trades in USA in Technology sector.
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Mcgrath Rentcorp is 474580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.48 | 125.19 | 125.19 | 123.99 | 0.389 times |
| 28 Wed Feb 2024 | 124.10 | 123.64 | 124.87 | 123.64 | 0.798 times |
| 27 Tue Feb 2024 | 123.81 | 125.06 | 125.22 | 123.74 | 0.715 times |
| 26 Mon Feb 2024 | 124.65 | 124.68 | 125.11 | 124.31 | 0.5 times |
| 23 Fri Feb 2024 | 124.90 | 124.50 | 125.73 | 124.40 | 0.507 times |
| 22 Thu Feb 2024 | 124.82 | 125.50 | 127.64 | 123.82 | 3.154 times |
| 21 Wed Feb 2024 | 126.77 | 128.72 | 128.73 | 126.74 | 0.441 times |
| 20 Tue Feb 2024 | 128.65 | 127.80 | 128.94 | 127.80 | 0.555 times |
| 16 Fri Feb 2024 | 128.51 | 128.54 | 129.28 | 128.28 | 0.795 times |
| 15 Thu Feb 2024 | 128.64 | 129.17 | 129.80 | 128.23 | 1.013 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 125.3, but if it comes above 125.3, then a intra day buy could be more profitable.
If you take a sell trade below 125.3, then use 125.3 as stoploss and 122.8 as target. However if you take a buy trade in stock , then use 125.3 as stoploss and 127.42 as target.
Share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Target | 95.71 |
| Downside Target | 97.81 |
| Downside Target | 100.71 |
| Downside Target | 103.88 |
| Downside Target | 106.36 |
| Downside Target | 108.50 |
| Downside Target | 120.50 |
| Upside Target | 128.00 |
| Upside Target | 128.94 |
| Upside Target | 130.19 |
| Upside Target | 130.57 |
| Upside Target | 130.86 |
Intraday share price targets for Mcgrath Rentcorp (MGRC)
| Target Type | Value |
| Downside Intraday Target | 123.67 |
| Downside Intraday Target | 122.87 |
| Upside Intraday Target | 125.25 |
| Upside Intraday Target | 126.03 |
| Downside Intraday Target | 124.45 |
Weekly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.48 | 124.68 | 125.22 | 123.64 | 0.516 times |
| 23 Fri Feb 2024 | 124.90 | 127.80 | 128.94 | 123.82 | 0.87 times |
| 16 Fri Feb 2024 | 128.51 | 129.78 | 130.86 | 128.00 | 1.04 times |
| 09 Fri Feb 2024 | 129.95 | 129.16 | 130.57 | 127.32 | 0.466 times |
| 02 Fri Feb 2024 | 129.28 | 120.50 | 130.19 | 120.50 | 10.234 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mcgrath Rentcorp (MGRC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.48 | 126.53 | 130.86 | 123.64 | 1.528 times |
| 31 Wed Jan 2024 | 125.65 | 119.04 | 127.02 | 108.50 | 2.33 times |
| 29 Fri Dec 2023 | 119.62 | 101.41 | 122.83 | 100.71 | 1.365 times |
| 30 Thu Nov 2023 | 101.69 | 100.22 | 103.88 | 97.81 | 0.931 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Mcgrath Rentcorp (MGRC)
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term but the sell signal is initial and weak.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mcgrath Rentcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 125.76 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mcgrath Rentcorp (MGRC) stock. Volume based technical analysis of Mcgrath Rentcorp (MGRC) stock is negative.
Mcgrath Rentcorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mcgrath Rentcorp ( (MGRC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mcgrath Rentcorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mcgrath Rentcorp in short term but the sell signal is initial and weak.
Mcgrath Rentcorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mcgrath Rentcorp in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mcgrath Rentcorp is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 125.76 and Mcgrath Rentcorp (MGRC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mcgrath Rentcorp (MGRC) stock. Volume based technical analysis of Mcgrath Rentcorp (MGRC) stock is negative.
Mcgrath Rentcorp Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.